According to Verified Market Intelligence, the global referral management market was valued at USD 1447.50 million in 2016 and is projected to reach USD 8584.03 million by 2025, growing at a CAGR of 21.87% from 2017 to 2025.

A referral management system is a tool which is widely used in healthcare centers such as clinics, hospitals etc. by the healthcare providers in order to keep a track of patients referrals information throughout their treatment period. It mainly focuses on improving the communication between the different healthcare providers that are involved in patient’s care. It also helps in managing the patient’s revenue cycle and processing the claims efficiently.

Increasing efforts from government to improvise the healthcare sector, growing geriatric population, and referral management ensuring information safety in terms of privacy has been driving the global referral management market. While risks of the data breach, software lacking the ability to maintain outpatient attendance and lack of IT technicians act a potential restraint for the overall market at a global level.

Competitive Landscape:

The major players in the market are as follows:

Allscripts Healthcare Solutions, Inc.

Cerner Corporation

Ehealth Technologies, Inc.

Kyruus, Inc.

Mckesson Corporation

Referralmd

The Advisory Board Company

Clarity Health Service, Inc.

Harris Corporation

Eceptionist, Inc.

Research Methodology of Verified Market Intelligence:

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